Benefit programs for your business with us

Programs available to maximize your investment in the short and long term.

Tax Benefits &
Energy Savings

Total Annual Incentives

$20.00 - 25.00 / S.F.

Tax Benefits & Energy Savings SQUARE FT. / YEAR S.F. / YEAR $ PER FLOOR / YEAR $P/F / YEAR
Relocation & Employment Assistance Program (REAP)
12-yr tax credit
$15-20/S.F. $450,000 - 600,000
Commercial Expansion Program (CEP)
5-yr RET abatement
$1.00/S.F. $30,000
Exemption from Commercial Occupancy Tax
NYC CRT exemption
$3.00/S.F. $90,000
Energy Cost Savings Program (ECSP)
Annual discount (~15-20%)
$0.50/S.F. $15,000

Relocation & Employment Assistance Program (REAP) 12-yr tax credit

SQUARE FT. / YEAR

$15.00 - 20.00/S.F.

$ PER FLOOR / YEAR

$660,000 - 880,000


Commercial Expansion Program (CEP)
5-yr RET abatement

SQUARE FT. / YEAR

$1.00/S.F.

$ PER FLOOR / YEAR

$44,000


Exemption from Commercial Occupancy Tax NYC CRT exemption

SQUARE FT. / YEAR

$3.00/S.F.

$ PER FLOOR / YEAR

$132,000


Energy Cost Savings Program (ECSP) Annual discount (~25-20%)

SQUARE FT. / YEAR

$0.50/S.F.

$ PER FLOOR / YEAR

$22,000


Total Annual Incentives . . . . . . . . . . . . . . . . . . . . . . . . . . . . $20.00 - 25.00/S.F.

This is only for illustrative purposes and won’t apply to all tenants
train highway dime building

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